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5133 Pine Grove Drive, West Palm Beach, Florida 33417

Active For Sale
$1,500,000
  • Beds 0
  • Baths 1
  • Sq Ft 800 Sqft
  • Visits: 5 in 115 days

Description

Exceptional development opportunity for investors, builders, or developers. This 1.47-acre property is currently zoned Residential High Density with future land use supporting multi-family development. Situated within an Opportunity Zone, it offers potential tax incentives and streamlined permitting. The site currently allows for approximately 5 units per acre with a 35′ height limit, with substantial upside through assemblage. The city has indicated that securing an adjacent parcel could enable a private road with direct access to Haverhill Rd., significantly increasing allowable density and overall value. A rare chance to capitalize on a strategically located growth corridor with so much potential!

Features

  • Heating System: Central
  • Cooling System: Central Air
  • Patio: Patio, Screened, Covered
  • Parking: Detached, Garage, Garage Door Opener, Open, RV Access/Parking, Boat

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Water Heater, Disposal, Ice Maker, Water Heater, Free-Standing Freezer

Address Map

  • Country: US
  • State: FL
  • County: Palm Beach
  • City: West Palm Beach
  • Subdivision: N/A
  • Zipcode: 33417
  • Street: Pine Grove
  • Street Number: 5133
  • Street Suffix: Drive
  • Floor Number: 0
  • Longitude: W81° 52' 43.3''
  • Latitude: N26° 42' 0.4''
  • Directions: Haverhill Rd 1/2 mile North of Belvedere Rd or 1/2 mile south of Okeechobee Rd turn west.
  • MLS Area: 5500

MLS Addon

  • Accessibility Features: Accessible Kitchen, Accessibility Features
  • Association Fee: $0
  • Close Price: $0
  • Elementary School: Hope-Centennial
  • Exterior Features: Room For Pool, Outdoor Living Area
  • Flooring: Ceramic Tile
  • Garage Spaces: 2
  • High School: Palm Beach Lakes
  • Insurance Expense: $0
  • Interior Features: Walk-In Closet(s), Built-in Features, Pantry, Stacked Bedrooms, Tub Shower
  • Laundry Features: Washer Hookup, Inside, Laundry Closet
  • Levels: One
  • Lot Features: 1-2 Acres, Fruit Trees
  • Middle Or Junior School: Bear Lakes
  • New Taxes Expense: $0
  • Stories: 1
  • Stories Total: 1
  • Tax Annual Amount: $3,507
  • Utilities: Cable Available, Sewer Available
  • Zoning: RH

Location

Listing Updated: 2026-06-05 01:05:32

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : B26007254
  • Price : $1,500,000
  • View : Garden
  • Bedrooms : 0
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 800 Sqft
  • Year Built : 1962
  • Lot Area : 1.47 Acre
  • Listing Status : Active
  • Days On Market : 114
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